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14/04/2006

IFC will work with «Sobinbank» in the field of mortgage

According to the document signed by the parties, the cooperation "Sobinbank" c IFC will be implemented by the project "Development of the primary market of mortgage lending in Russia."

The joint activity experts from the International Finance Corporation will conduct the analysis of internal credit and legal documentation bank, to develop recommendations for the provision of mortgage loans.

According to the deputy project manager Andrew IFS Milutin, future cooperation with Sobinbank "designed to strengthen the regional component of the project. The ability of banks to the primary mortgage market will be significantly enhanced by working together with the IFS, says vice-president of OAO Sobinbank Igor Duda.

Project "Development of the primary mortgage market in Russia" was launched by IFS in 2005 to develop the necessary for the housing mortgage lending infrastructure that will stimulate the development of the national mortgage market.

Within the framework of this program the company had previously signed an agreement with Absolut Bank, Moscow Credit Bank, "CC" Area Development "," National Mortgage Company, Bank Uralsib "," Russian mortgage bank ".

By portal Bankir.Ru "

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